Showing 832,881 - 832,890 of 834,811
We analyze the impact of unemployment benefits and minimum wagesusing an equilibrium search model which allows for dispersion ofbenefits and productivity levels, job-to-job transitions, andstructural and frictional unemployment. The estimation method usesreadily available aggregate data on...
Persistent link: https://www.econbiz.de/10010324554
The formation of social ties is examined in an experimental study of voluntary public good provision. The experiment consists of three parts. In the first part the value orientation (attitude to a generalized other) ismeasured. In the second part couples play 25 periods of a public good game. In...
Persistent link: https://www.econbiz.de/10010324555
uncertainty about prices risk-averse producers are hypothesized to be reluctant to employ inputs with the additional effect of too … low wages and too high output prices. Our results support this hypothesis of a `risk-compensated price-mechanism'. We also …
Persistent link: https://www.econbiz.de/10010324556
Persistent link: https://www.econbiz.de/10010324564
In a corporatist country, of which the Netherlands is an example, wages should not be distinguished by union membership status, but by the bargaining regime. Four bargaining regimes can be distinguished: (i) company level bargaining, (ii) industry level bargaining, (iii) mandatory extension of...
Persistent link: https://www.econbiz.de/10010324565
In this paper, I consider the identification of lagged durationdependence in multiple spells without using the assumtion that there are additionalregressors orthogonal to the individual effects. The non-parametricidentification strategy is applied to the multiple non-employment spells of 2066...
Persistent link: https://www.econbiz.de/10010324566
In fixed income analysis, duration plays a central role as a proxy for interestrate risk exposure. Althoughthis role …
Persistent link: https://www.econbiz.de/10010324570
In this paper an inventory model with several demand classes, prioritised according to importance, is analysed. We consider a lot-for-lot or (S-1,S) inventory model with lost sales.For each demand class there is a critical stock level at and below which demand from that class is not satisfied...
Persistent link: https://www.econbiz.de/10010324574
This paper offers an explanation for why policy makers stick to inefficient policy decisions. I argue that repealing a policy is a bad signal to voters about the policy maker's competence if voters do not have complete knowledge about the effects of implemented policies. I derive the optimal...
Persistent link: https://www.econbiz.de/10010324575
In this paper we generalize the concept of coalitional games by allowingfor any organizational structure within coalitions represented by a graphon the set of players ot the coalition. A, possibly empty, set of payoffvectors is assigned to any graph on every subset of players. Such a gamewill be...
Persistent link: https://www.econbiz.de/10010324576